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290531 (Harmonized System 1992 for 6-digit)

2023
World Trade $7.77BRnk 481 / 4644
2023
Top Exporter | Top Importer $2.93B | $3.45BSaudi Arabia | China
2023
Product Complexity 0.45Rnk 1755 / 4656
2022 - 2023
Export Growth (CAGR) -21.4%Rnk 3780 / 4644
2023
Share of World Trade 0.034%Rnk 481 / 4644

About

Overview This page contains the latest trade data of Ethylene glycol (ethanediol). In 2023, Ethylene glycol (ethanediol) were the world's 481st most traded product, with a total trade of $7.77B. Between 2022 and 2023 the exports of Ethylene glycol (ethanediol) decreased by -21.4%, from $9.88B to $7.77B. Trade in Ethylene glycol (ethanediol) represent 0.034% of total world trade.

Ethylene glycol (ethanediol) are a part of Acyclic alcohol derivatives (halogenated, sulphonated, nitrated).

Exports In 2023 the top exporters of Ethylene glycol (ethanediol)  were Saudi Arabia ($2.93B), United States ($1.52B), Canada ($905M), Kuwait ($646M), and Belgium ($363M).

Imports In 2023 the top importers of Ethylene glycol (ethanediol) were China ($3.45B), India ($610M), Turkey ($562M), United States ($383M), and Indonesia ($227M).

Ranking Ethylene glycol (ethanediol) ranks 1755th in the Product Complexity Index (PCI).

Description Ethylene glycol is used in the manufacturing of polyester and polyurethane plastics. It is also used in brake fluids, motor oils, and antifreeze.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Ethylene glycol (ethanediol). Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Saudi Arabia$2.93B
Top Destination (2023)China$3.45B

In 2023 Ethylene glycol (ethanediol) were the world's 481st most traded product (out of 4,644).

In 2023, the top exporters of Ethylene glycol (ethanediol) were Saudi Arabia ($2.93B), United States ($1.52B), Canada ($905M), Kuwait ($646M), and Belgium ($363M).

In 2023, the top importers of Ethylene glycol (ethanediol) were China ($3.45B), India ($610M), Turkey ($562M), United States ($383M), and Indonesia ($227M).

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Exporters of Ethylene glycol (ethanediol) (2023)
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Importers of Ethylene glycol (ethanediol) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Iran$82.4M
Top Destination Growth (2022 -  2023)Thailand$59.1M

Between 2022 and 2023, the exports of Ethylene glycol (ethanediol) grew the fastest in Iran ($82.4M), Oman ($73M), China ($37.7M), Malaysia ($16.5M), and Egypt ($1.89M).

Between 2022 and 2023, the fastest growing importers of Ethylene glycol (ethanediol) were Thailand ($59.1M), Poland ($15.1M), Chinese Taipei ($11.5M), Bangladesh ($9.6M), and Angola ($4.93M).

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Exporters of Ethylene glycol (ethanediol) (2022 - 2023)

Importers of Ethylene glycol (ethanediol) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ethylene glycol (ethanediol).

In 2023, market concentration measured using Shannon Entropy, was 2.95. This means that most of the exports of Ethylene glycol (ethanediol) are explained by 7 countries.

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Value of Exports in Ethylene glycol (ethanediol)

Net Trade

TOP NET EXPORTER (2023)Saudi Arabia$2.92B
TOP NET IMPORTER (2023)China$3.39B

This map shows which countries export or import more of Ethylene glycol (ethanediol). Each country is colored based on the difference in exports and imports of Ethylene glycol (ethanediol) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Ethylene glycol (ethanediol) were Saudi Arabia ($2.92B), United States ($1.13B), Canada ($897M), Kuwait ($646M), and Iran ($317M).

In 2023, the countries that had a largest trade value in imports than in exports of Ethylene glycol (ethanediol) were China ($3.39B), India ($574M), Turkey ($555M), Indonesia ($221M), and Egypt ($220M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Ethylene glycol (ethanediol).
It is possible to select the main countries that export or import Ethylene glycol (ethanediol) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ethylene glycol (ethanediol) by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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